Funded

Total loan: $1,000
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Milton

Uganda
Entebbe, Uganda / Construction Supplies

A loan of $1,000 helped to buy more stock.


Milton's story

Milton is 30 years old and lives in the town of Entebbe in the region of Kampala west in Uganda. He is married and has two children with neither of them currently in school.

For the past three years, Milton has been working hard to manage his timber factory, which sells timber. To help expand his business, Milton has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more stock, and it will help Milton to generate greater profits and complete his house and improve his standard of living. Milton hopes that in the future he will be able to increase sales and profits.

Milton is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Milton who do not have enough collateral for commercial loans but have businesses that have grown too large for microloans.

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Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 14, 2013

Lenders and lending teams




Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 14, 2013